Bank examiner Jobs in Chicago, IL

Position Overview

Under direct supervision, receives training and works under an examiner-in-charge to assist in conducting selected, less complex portions of bank, corporate fiduciary, data processing center and/or service provider examinations assigned to the Banks, Trusts Companies and Savings Institutions Section in the Division of Banking. Gathers information; analyzes and evaluates data and provides written reports. Travels extensively to assigned facilities for examinations.

State of Illinois Benefits

• Health, Life, vision, and dental insurance
• 12 weeks paid maternity/paternity leave
• Pension Plan – Vesting at 10 years for Tier II
• Full 20-year retirement awards free health insurance during retirement
• Deferred compensation and other pre-tax benefits programs
• Paid state holidays, 12-14 days annually
• 3 paid Personal Business Days annually
• 12 Paid Sick Days annually (Sick days carry over year to year)
• 10-25 Days of Paid Vacation time annually (10 days in year one of employment)
• Personal, sick, and vacation rates modified for 12 hour work schedules (as applicable)
• Employee Assistance Program and/or mental health resources
• For more information about our benefits please follow this link: https://www2.illinois.gov/cms/benefits/Pages/default.aspx

Essential Functions

• In conjunction with higher-level examiners, travels to perform examinations of state-chartered banks, corporate fiduciaries, data processing centers and/or service providers assigned to the Banks, Trusts Companies and Savings Institutions Section in the Division of Banking.
• Gathers information, analyzes, and evaluates the financial condition of the bank or corporate fiduciary.
• Gathers information, analyzes and evaluates the assets, liabilities, capital accounts, and off-balance sheet items of the bank or corporate fiduciary, including any subsidiary and holding company accounts relative to the intercompany transactions to determine the adequacy and the extent of compliance with policies, procedures, and internal controls, and the extent of compliance with state and federal laws, rules and regulations.
• Reads the corporate minutes and by-laws of the bank, corporate fiduciary, data processing center and/or service provider and reviews the audit program and reports
• Completes examination report pages and supporting work papers, verifies arithmetic calculations and submits to superior for review, input and inclusion in completed reports
• Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above

Minimum Qualifications

• Requires knowledge, skill, and mental development equivalent to completion of four years of college with courses in accounting, corporate finance, banking, and monetary theory.
• Requires successful completion of the Financial Institutions Examiner Trainee program.
• This class is included as an Upward Mobility Program credential title.

Preferred Qualifications

• Prefers two years of Bank Examination Experience with Federal or State Agency.
• Prefers one year of Bank Examination Experience with successful completion of the FDIC Introduction to Exam School or equivalent.
• Prefers one year of Bank Examination Experience with successful completion of the FDIC Asset Liability Management School or equivalent.
• Prefers one year of Bank Examination Experience with successful completion of the FDIC Financial Institution Analysis School or equivalent.

Conditions of Employment

• Requires the ability to pass an agency conducted background check.
• Requires ability to travel frequently and extensively, both in and out-of-state.
• Requires a valid appropriate driver's license and access to a vehicle for travel.
• Revoling Door: Certain provisions of the revolving door restrictions contained in 5 ILCS 430/5-45 apply to this position. As a result, the employee should be aware that if offered non-State employment during state employment or within one year immediately after ending State employment, the employee shall, prior to accepting any such non-State employment offer, notify the Office of the Executive Inspector General for the Agencies of the Illinois Governor (OEIG) or may be subject to a fine.
• Statement of Economic Interest: This position has been found to meet the requirements in section 4A-101 of the Illinois Governmental Ethics Act requiring the occupant/employee to file a Statement of Economic Interest. The Illinois Governmental Ethics Act (5 ILCS 420/4A et seq.) requires certain state officials and employees to file annual Statements of Economic Interest with the Office of the Secretary of State that will be made available for examination and copying by the public. All employees required to file a Statement of Economic Interest are also required to file the Supplemental Statement of Economic Interest with the Executive Ethics Commission. (See Executive Order 15-09) Fines and penalties apply to untimely filings.
• The conditions of employment listed here are incorporated and related to any of the job duties as listed in the job description.

Agency Statement

IDFPR is a regulatory licensing and enforcement agency that protects the residents of Illinois, ensures the safety and soundness of financial institutions, ensures that competent professionals are licensed to provide services to the public, and enhances commerce in the state for the benefit of all its residents.